Are traveler's checks or fixed deposit receipts accepted as proof of funds?

Yes — traveler’s checks and fixed deposit receipts can be accepted as supplementary proof of funds for your Schengen visa, but they shouldn’t be your only financial evidence. Embassies prefer to see active, accessible funds — money you can actually spend during your trip — rather than locked or static savings. Here’s how each is viewed 👇 💵 1. Traveler’s Checks ✅ Accepted: Yes, as additional proof of available travel funds. 📄 What to show: • A copy of your traveler’s checks or purchase receipt. • The total value and currency of the checks. 💡 Tip: Combine them with recent bank statements to show overall financial stability. 🏦 2. Fixed Deposit Receipts (FDs) ✅ Accepted: Usually as supporting proof of long-term financial stability. 📄 What to show: • The official FD certificate or bank confirmation letter stating the deposit amount and maturity date. ⚠️ Note: Since FDs are not liquid (you can’t access them immediately), embassies still expect active account funds for daily expenses. ✨ At Outbound Singapore, we help you create a balanced financial profile — combining savings, income, and supporting assets like FDs or traveler’s checks — to present a strong, credible application.